Subject: File No. S7-24-15
From: FERNANDO CASSES

January 29, 2020

I strongly believe this proposal from SEC is bad for investors, unnecessary and sets a dangerous precedent.

I have been trading leveraged and inverse funds for years, knowing their risks and rewards. Those ETF's allow me to have enhanced returns and hedge my portfolio.
In my opinion, new regulations are unnecessary, and new restrictions for trading these securities will take away great investing products and opportunities.